US authorities finalise stress-testing guidance

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The Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation today (May 14) jointly issued final supervisory guidance regarding stress-testing practices at banking organisations with total consolidated assets of more than $10 billion.

"The guidance highlights the importance of stress testing at banking organisations as an on-going risk management practice that supports a banking organisation's forward-looking assessment of its risks and

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